12th Standard Syllabus & Materials
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Published on: 26/08/2020
12th Standard Economics English Medium Sample 1 Mark Book Back Questions (New Syllabus) 2020
Download Tamil Nadu 12th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Economics Test
1.
Econometrics is the amalgamation of
3 subjects
4 subjects
2 subjects
5 subjects
2.
Sources of secondary data are______
Published sources
Unpublished sources
Neither published nor unpublished sources
Both (a) and (b)
3.
Short-term plan is also known as________
Controlling Plans
De-controlling Plans
Rolling Plans
De-rolling Plans
4.
One of the most important market failures is caused by __________
Positive externalities
Negative externalities
Both
None of the above
5.
Which of the following canons of taxation was not listed by Adam smith?
Canon of equality
Canon of certainty
Canon of convenience
Canon of simplicity
6.
The organization which provides long term loan is
World Bank
International Monetary Fund
World Trade Organisation
BRICS
7.
Foreign direct investments not permitted in India
Banking
Atomic energy
Pharmaceutical
Insurance
8.
9.
A Commercial Bank is an institution that provides services
Accepting deposits
Providing loans
Both a and b
None of the above
10.
Money is _____.
acceptable only when it has intrinsic value
constant in purchasing power
the most liquid of all assets
needed for allocation of resources
11.
The relationship between total spending on consumption and the total income is the_______.
Consumption function
Savings function
Investment function
aggregate demand function
12.
In Keynes theory of employment and income, ___________ is the basic cause of economic depression
Less production
More demand
Inelastic supply
Less aggregate demand in relation to productive capacity
13.
The main concern of the Classical Economic Theory is _______.
Under employment
Economy is always in the state of equilibrium
Demand creates its supply
Imperfect competition
14.
The value of national income adjusted for inflation is called_________
Inflation Rate
Disposal Income
GNP
Real national income
15.
Expenditure method is used to estimate national income in_______
Construction sector
Agricultural Sector
Service sector
Banking sector
16.
An economic system where the economic activities of a nation are done both by the private and public together is termed as__________
Capitalistic Economy
Socialistic Economy
Globalisic Economy
Mixed Economy
17.
The branches of the subject Economics are
Wealth and Welfare
Production and Consumption
Demand and Supply
Micro and Macro
1.
(a)
3 subjects
2.
(d)
Both (a) and (b)
3.
(a)
Controlling Plans
4.
(b)
Negative externalities
5.
(d)
Canon of simplicity
6.
(a)
World Bank
7.
(b)
Atomic energy
8.
(c)
9.
(c)
Both a and b
10.
(c)
the most liquid of all assets
11.
(a)
Consumption function
12.
(d)
Less aggregate demand in relation to productive capacity
13.
(b)
Economy is always in the state of equilibrium
14.
(d)
Real national income
15.
(a)
Construction sector
16.
(d)
Mixed Economy
17.
(d)
Micro and Macro
12th Standard Syllabus & Materials
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Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
French
Tamilnadu Stateboard Standards
